MFS Municipal Income Trust (the Fund) is a diversified closed-end management investment company. The Fund's investment objective is to seek high current income exempt from federal income tax, but may also consider capital appreciation. The Fund invests, under normal market conditions, approximately 80% of its net assets, including assets attributable to preferred shares and borrowings for investment purposes, in municipal bonds. These municipal bonds include debt securities issued by or on behalf of states, territories, possessions of the United States, District of Columbia, and their political subdivisions, agencies or instrumentalities. The Fund invests in industries, including healthcare, tobacco, water and sewer utility, universities-colleges and universities-secondary schools. It has investments in areas, including Alabama, Alaska, Arizona, California, Colorado and Florida. The Fund's investment advisor is Massachusetts Financial Services Company (MFS).
Industry, Sector and Symbol:
- Sector: Finance
- Industry: Closed-End Fund - Debt
- Sub-Industry: N/A
- Symbol: NYSE:MFM
- CUSIP: N/A
- Web: N/A
- 50 Day Moving Avg: $7.08
- 200 Day Moving Avg: $6.88
- 52 Week Range: $6.51 - $7.63
- Trailing P/E Ratio: N/A
- P/E Growth: 0.00
- Average Volume: 74,652 shs.
- Beta: 0.01
Frequently Asked Questions for MFS Municipal Income Trust (NYSE:MFM)
What is MFS Municipal Income Trust's stock symbol?
MFS Municipal Income Trust trades on the New York Stock Exchange (NYSE) under the ticker symbol "MFM."
How often does MFS Municipal Income Trust pay dividends? What is the dividend yield for MFS Municipal Income Trust?
MFS Municipal Income Trust declared a monthly dividend on Tuesday, May 2nd. Investors of record on Thursday, May 18th will be paid a dividend of $0.033 per share on Wednesday, May 31st. This represents a $0.40 annualized dividend and a yield of 5.56%. The ex-dividend date is Tuesday, May 16th. This is an increase from MFS Municipal Income Trust's previous monthly dividend of $0.03. View MFS Municipal Income Trust's Dividend History.
Who are some of MFS Municipal Income Trust's key competitors?
How do I buy MFS Municipal Income Trust stock?
Shares of MFS Municipal Income Trust can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
How much does a share of MFS Municipal Income Trust stock cost?
One share of MFS Municipal Income Trust stock can currently be purchased for approximately $7.12.
Consensus Ratings for MFS Municipal Income Trust (NYSE:MFM) (?) The ratings breakdown includes the most recent rating from each analyst that has rated the stock within the last twelve months. The ratings score is a calculation of the average number of sell, hold, buy and strong buy ratings (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). The consensus price target is a mean average of the most recent price target set by each analyst that has set a price target for the stock in the last twelve months.
|Ratings Breakdown: ||No ratings tracked in the last 12 months.|
|Consensus Rating:||N/A (Score: NaN)|
|Consensus Price Target: ||N/A|
Analysts' Ratings History for MFS Municipal Income Trust (NYSE:MFM)
No equities research coverage for this company has been tracked by MarketBeat.com
Earnings History for MFS Municipal Income Trust (NYSE:MFM)
No earnings announcements for this company have been tracked by MarketBeat.com
Earnings Estimates for MFS Municipal Income Trust (NYSE:MFM)
No earnings estimates for this company have been tracked by MarketBeat.com
Current Dividend Information for MFS Municipal Income Trust (NYSE:MFM)
|Dividend Growth:||-5.00% (3 Year Average)|
Dividend History by Quarter for MFS Municipal Income Trust (NYSE:MFM)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for MFS Municipal Income Trust (NYSE:MFM)
Insider Ownership Percentage: 0.75%Insider Trades by Quarter for MFS Municipal Income Trust (NYSE:MFM)
Institutional Ownership Percentage: 9.56%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|7/23/2014||Maryanne L Roepke||Director||Buy||1,862||$6.49||$12,084.38|| |
Headline Trends for MFS Municipal Income Trust (NYSE:MFM)
Latest Headlines for MFS Municipal Income Trust (NYSE:MFM)
MFS Municipal Income Trust (MFM) Chart for Thursday, May, 25, 2017